Seamec management to attend Choice Virtual Conference on June 11

0 min read     Updated on 09 Jun 2026, 02:37 AM
scanx
Reviewed by
Suketu GScanX News Team
AI Summary

Seamec Limited management will participate in the InsightX 2026 Choice Virtual Conference organized by Choice Institutional Equities on June 11, 2026, at 01:00 pm IST. The virtual group meeting will cover generally available information and is not related to any Unpublished Price Sensitive Information.

powered bylight_fuzz_icon
42453115

*this image is generated using AI for illustrative purposes only.

Seamec Limited management will participate in the InsightX 2026 Choice Virtual Conference organized by Choice Institutional Equities on June 11, 2026. The meeting is scheduled to begin at 01:00 pm IST and will be conducted virtually. This participation is pursuant to Regulation 30(6) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The conference is classified as a group meeting where discussions will be based on generally available information. The company confirmed that the proceedings are not related to any Unpublished Price Sensitive Information, in accordance with Seamec’s Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information.

The schedule for the meeting is subject to change due to exigencies on the part of the fund, broking house, or the company. The disclosure was submitted to the BSE Limited and National Stock Exchange of India Limited for their information and records.

Conference Details

Details Type of Meeting Mode of Meeting Day/ Date of Meeting Time
InsightX 2026 - Choice Virtual Conference Group Virtual Thursday, 11 June 2026 01:00 pm IST

Historical Stock Returns for Seamec

1 Day5 Days1 Month6 Months1 Year5 Years
+0.79%-0.71%+7.43%+62.38%+85.00%+244.03%

What strategic updates or business outlook might Seamec Limited's management highlight to institutional investors at the InsightX 2026 conference?

How might increased institutional investor engagement through such conferences impact Seamec Limited's stock liquidity and analyst coverage going forward?

Are there any upcoming contract renewals, fleet expansions, or offshore project wins that investors should watch for following Seamec's participation in this investor conference?

Seamec executes O&M contract with ONGC for MSV Samudra Prabha

1 min read     Updated on 02 Jun 2026, 06:35 AM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

Seamec Limited and Supreme Hydro Pvt Ltd have executed the contract with ONGC for the hiring of Operation & Maintenance services for MSV Samudra Prabha for 2026-2028. The vessel commenced operations on May 31, 2026, following successful trials, under the terms of the consortium agreement.

powered bylight_fuzz_icon
41720635

*this image is generated using AI for illustrative purposes only.

Seamec Limited and Supreme Hydro Pvt Ltd have executed the contract with Oil and Natural Gas Corporation Limited (ONGC) for the hiring of Operation & Maintenance (O&M) services for the MSV Samudra Prabha for the period 2026 to 2028. The deployment follows the successful completion of Dynamic Positioning (DP) and Fire Fighting (FiFi) trials, with operations commencing in the field at 10:30 hours on May 31, 2026. This agreement formalizes the previously awarded contract, activating the consortium's obligations for the specified term.

The disclosure was submitted to the stock exchanges under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the terms and conditions of the contract, read with the notification of award, remain unchanged. The information regarding the contract execution was received by the company on June 01, 2026, at 13:10 hours.

Contract & Deployment Details

The following table outlines the key details of the agreement:

Particulars Details
Vessel Name: MSV Samudra Prabha
Client: Oil and Natural Gas Corporation Limited
Nature of Services: Hiring of Operation & Maintenance (O&M) Services
Contract Period: 2026-2028
Partner: Supreme Hydro Pvt Ltd
Consortium: Seamec Limited and Supreme Hydro Pvt Ltd

The filing was signed by S.N. Mohanty, President – Corporate Affairs, Legal and Company Secretary of Seamec Limited.

Historical Stock Returns for Seamec

1 Day5 Days1 Month6 Months1 Year5 Years
+0.79%-0.71%+7.43%+62.38%+85.00%+244.03%

What is the estimated financial impact of this contract on Seamec Limited's revenue for the fiscal years 2026-2028?

How will this long-term engagement with ONGC influence Seamec's competitive position in the offshore O&M services market?

Are there plans for the consortium to expand its fleet or secure additional contracts beyond the 2028 term?

More News on Seamec

1 Year Returns:+85.00%